Schwab Reports Monthly Activity Highlights

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SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report
today. Company highlights for the month of April 2016 include:

Net new assets brought to the company by new and existing clients in
April 2016 totaled $1.3 billion, reflecting client cash disbursements
during tax season.

Total client assets were a record $2.58 trillion as of month-end
April, up 1% from April 2015 and up 1% compared to March 2016.

Client assets receiving ongoing advisory services were also a record
$1.29 trillion as of month-end April, up 2% from April 2015 and up 1%
compared to March 2016.

About Charles Schwab

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 325 offices and 9.9 million active
brokerage accounts, 1.5 million corporate retirement plan participants,
1.1 million banking accounts, and $2.58 trillion in client assets as of
April 30, 2016. Through its operating subsidiaries, the company provides
a full range of wealth management, securities brokerage, banking, money
management, custody, and financial advisory services to individual
investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

The Charles Schwab Corporation Monthly Activity Report For April
2016

2015

2016

Change

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

Mo.

Yr.

Market Indices

(at month end)

Dow Jones Industrial Average

17,841

18,011

17,620

17,690

16,528

16,285

17,664

17,720

17,425

16,466

16,517

17,685

17,774

1

%

-

Nasdaq Composite

4,941

5,070

4,987

5,128

4,777

4,620

5,054

5,109

5,007

4,614

4,558

4,870

4,775

(2

%)

(3

%)

Standard & Poor’s 500

2,086

2,107

2,063

2,104

1,972

1,920

2,079

2,080

2,044

1,940

1,932

2,060

2,065

-

(1

%)

Client Assets

(in billions of dollars)

Beginning Client Assets

2,524.4

2,549.3

2,568.8

2,543.3

2,562.5

2,462.4

2,415.9

2,539.9

2,553.3

2,513.8

2,428.3

2,433.6

2,556.7

Net New Assets (1)

9.1

10.1

17.8

9.8

9.2

11.8

10.5

17.2

15.2

8.1

10.9

13.0

1.3

(90

%)

(86

%)

Net Market Gains (Losses)

15.8

9.4

(43.3

)

9.4

(109.3

)

(58.3

)

113.5

(3.8

)

(54.7

)

(93.6

)

(5.6

)

110.1

18.2

Total Client Assets (at month end)

2,549.3

2,568.8

2,543.3

2,562.5

2,462.4

2,415.9

2,539.9

2,553.3

2,513.8

2,428.3

2,433.6

2,556.7

2,576.2

1

%

1

%

Receiving Ongoing Advisory Services

(at month end)

Investor Services

191.0

192.8

191.4

193.3

187.2

184.9

193.3

194.5

192.6

187.3

187.9

197.9

200.3

1

%

5

%

Advisor Services (2)

1,071.9

1,079.3

1,066.7

1,079.0

1,039.5

1,019.9

1,072.4

1,075.6

1,061.1

1,029.9

1,032.3

1,084.0

1,093.2

1

%

2

%

Client Accounts

(at month end, in thousands)

Active Brokerage Accounts

9,553

9,572

9,605

9,631

9,671

9,691

9,712

9,731

9,769

9,792

9,826

9,869

9,916

-

4

%

Banking Accounts

992

1,000

1,004

1,011

1,021

1,027

1,029

1,033

1,033

1,039

1,045

1,047

1,053

1

%

6

%

Corporate Retirement Plan Participants

1,469

1,469

1,474

1,483

1,488

1,492

1,502

1,514

1,519

1,518

1,523

1,532

1,532

-

4

%

Client Activity

New Brokerage Accounts (in thousands)

111

80

89

87

87

80

88

76

98

83

84

98

103

5

%

(7

%)

Inbound Calls (in thousands)

1,954

1,621

1,763

1,788

1,807

1,631

1,716

1,554

1,844

1,736

1,737

1,902

1,867

(2

%)

(4

%)

Web Logins (in thousands)

35,966

32,112

31,644

33,498

34,167

29,550

33,574

30,488

32,156

33,268

33,283

38,078

37,854

(1

%)

5

%

Client Cash as a Percentage of Client Assets (3)

11.5

%

11.6

%

11.7

%

11.8

%

12.6

%

12.9

%

12.3

%

12.3

%

13.0

%

13.7

%

13.7

%

13.1

%

12.8

%

(30) bp

130 bp

Mutual Fund and Exchange-Traded Fund

Net Buys (Sells)(4, 5)

(in millions of dollars)

Large Capitalization Stock

(1,496

)

(1,410

)

(804

)

(702

)

(664

)

(608

)

(214

)

637

451

(162

)

(212

)

(462

)

(857

)

Small / Mid Capitalization Stock

423

(108

)

78

149

(540

)

(108

)

17

(2

)

(572

)

(952

)

58

685

(86

)

International

3,613

2,718

2,255

947

(266

)

(560

)

72

427

(918

)

469

(28

)

833

324

Specialized

(5

)

25

8

410

(390

)

(643

)

667

744

(495

)

(668

)

260

191

815

Hybrid

(210

)

(238

)

(133

)

(152

)

(1,144

)

(726

)

(110

)

(410

)

(1,361

)

(377

)

38

281

14

Taxable Bond

1,075

1,757

421

(111

)

(634

)

(91

)

628

(1,250

)

(4,020

)

99

546

1,628

1,098

Tax-Free Bond

13

(101

)

(132

)

156

111

35

494

260

731

379

641

949

479

Net Buy (Sell) Activity

(in millions of dollars)

Mutual Funds (4)

420

813

(725

)

(1,101

)

(4,712

)

(4,336

)

(910

)

(3,602

)

(10,988

)

(1,215

)

197

1,769

(207

)

Exchange-Traded Funds (5)

2,993

1,830

2,418

1,798

1,185

1,635

2,464

4,008

4,804

3

1,106

2,336

1,994

Money Market Funds

(6,970

)

421

(358

)

2,208

4,730

(717

)

(451

)

251

4,538

1,994

1,359

(2,101

)

(3,959

)

Average Interest-Earning Assets (6)

(in millions of dollars)

152,697

153,466

155,369

158,238

160,638

162,639

165,351

167,388

172,334

177,332

178,610

181,529

183,341

1

%

20

%

(1)

November, September and June 2015 include inflows of $10.2
billion, $4.9 billion and $8.1 billion, respectively, from certain
mutual fund clearing services clients. April 2015 includes inflows
of $9.3 billion from certain mutual fund clearing service clients.